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 House bill to hit millionaires with a thieving 5.4 pct Obama surtax

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House bill to hit millionaires with a thieving 5.4 pct Obama surtax Vide
PostSubject: House bill to hit millionaires with a thieving 5.4 pct Obama surtax   House bill to hit millionaires with a thieving 5.4 pct Obama surtax Icon_minitimeTue Jul 14, 2009 7:33 pm
WASHINGTON, July 14 (Reuters) - A sweeping overhaul of the U.S. healthcare system to be announced on Tuesday in the U.S. House of Representatives will include a surtax on millionaires of 5.4 percent, congressional sources said.

The tax rate is higher than the 3 percent surtax lawmakers had been discussing earlier and would be imposed on those making more than $1 million a year, the sources said.

http://www.reuters.com/article/newsOne/idUSWEN055320090714

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